Listing provided courtesy of Joseph Realty LTDMREDMLS# 12584624MLS Provider
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Developers and Builders - don't miss this exceptional opportunity in the heart of River West! This vacant land parcel zoned RT-4 offers incredible potential for a new residential development in one of Chicago's most sought-after and rapidly appreciating urban neighborhoods. River West continues to attract strong buyer demand thanks to its proximity to downtown, vibrant dining and nightlife, and convenient access to transportation. RT-4 zoning allows for a variety of residential possibilities, making this an ideal site for a thoughtfully designed development that can capture top-of-the-market pricing in a location where new construction consistently commands premium values. Surrounded by modern developments and ongoing revitalization, this parcel sits in a corridor where investment momentum continues to grow. Buyers are encouraged to consult with an architect and/or zoning professional to verify development potential, density allowances, and the intended end use.

Source: MRED, MLS#: 12584624

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  • Property Type
    Land

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 941 N Racine Avenue


Schools

School data unavailable,
School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/6/2026Source: MRED Status Change
Active
4/1/2026Source: MRED Added to Database
April 01, 2026